EOD vs SPY
Allspring Global Dividend Opportunity Fund vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
SPY has a lower expense ratio. EOD delivered stronger 1-year returns. SPY offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | EOD | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 1.37% | 0.09% | |
| AUM | $315M | $821.1B | |
| Dividend Yield | 7.57% | 1.01% | |
| Holdings | 397 | 505 | |
| YTD Return | +19.90% | +14.24% | |
| 1Y Return | +28.17% | +21.71% | |
| 3Y Return (annualized) | +27.21% | +22.10% | |
| 5Y Return (annualized) | +12.84% | +13.21% | |
| Volatility (annualized) | 19.6% | 15.3% | |
| Max Drawdown | -85.6% | -56.5% | |
| Fund Family | Allspring Global Investments | State Street Investment Management | |
| Category | Allocation/Balanced | Equity | |
| Inception | Mar 28, 2007 | Jan 22, 1993 |
EOD vs SPY Performance
Allspring Global Dividend Opportunity Fund (EOD) is a ETF from Allspring Global Investments and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year EOD returned +28.17% while SPY returned +21.71%. Year to date, EOD is up 19.90% versus a gain of 14.24% for SPY.
Over three years, EOD compounded at +27.21% per year against +22.10% for SPY; over five years the annualized figures are +12.84% and +13.21% respectively. Across the full 19-year window we track, SPY has the edge at +8.86% annualized vs -2.87%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
EOD has been the more volatile fund, with annualized monthly volatility of 19.6% compared with 15.3% for SPY. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -85.6% for EOD and -56.5% for SPY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.72. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
EOD charges 1.37% per year while SPY charges 0.09%. On a $10,000 position that is $137 vs $9 annually, a gap of $128 per year that compounds over a long holding period. On income, EOD currently yields 7.57% against 1.01% for SPY.
Holdings Overlap
EOD and SPY share 29 holdings out of 801 unique holdings combined, representing a 26.4% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, EOD or SPY?
EOD has an expense ratio of 1.37% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $128 per year of difference.
Which performed better, EOD or SPY?
Over the past year EOD returned +28.17% vs +21.71% for SPY, so EOD leads on 1-year performance. Over the longest common window we track (19 years), EOD annualized -2.87% vs +8.86% for SPY. Past performance does not guarantee future results.
Which is riskier, EOD or SPY?
EOD has been the more volatile fund at 19.6% annualized versus 15.3% for SPY. Worst drawdown: EOD -85.6% vs SPY -56.5%.
Should I hold both EOD and SPY?
EOD and SPY have a monthly-return correlation of 0.72, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between EOD and SPY?
EOD and SPY share 29 common holdings with a 26.4% weight overlap. Combined, they hold 801 unique securities.
Which pays a higher dividend, EOD or SPY?
EOD yields 7.57% while SPY yields 1.01%, so EOD currently pays the higher dividend yield.
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